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US jitters at China's tech push underlies trade war

US jitters at China's tech push underlies trade war

Technology
Shenzhen is the poster boy for China's economic progress. Forty years ago it was just a cluster of small villages lying across the water from bustling Hong Kong, before it was designated China's first "special economic zone".Now it's a city of some 11 million people and a technological powerhouse - the next Silicon Valley, according to many. Image: The technological powerhouse of Shenzhen is viewed as the next Silicon Valley That also means it's the front line in the incipient US-China tariff war, which is as much about technology as it is trade.:: China accuses 'hoodlum' Trump over trade warShenzhen built its name on manufacturing cheap electronics for export.Huaqiangbei is an electronics market that sprawls across st...
Here's what you need to know if you have inflation jitters

Here's what you need to know if you have inflation jitters

Finance
Seemingly everyone is on edge about the Federal Reserve's next moves — with reason.Throughout the nearly nine-year bull market run, the Fed held rates near zero. But recent signs of rising inflation could push the central bank into hiking rates more aggressively, which will have far-reaching consequences for consumers."Inflation is accelerating and may well push interest rates higher, allowing the Fed to move policy rates three times this year, and perhaps even four," Rick Rieder, chief investment officer of global fixed income at BlackRock, said in a statement.For the average American, the threat of rising interest rates isn't necessarily bad. It's generally considered a sign that the economy is doing well, which is what helped jump-start a wave of bonuses and may lead to more pay increas